Walmart vs. Target vs. eBay: Students have to gather and analyze data about the prices they are going to compare and contrasting, that is what they are going to achieve working on the chosen type of the assignment.

Buying food online, Walmart is the most preferred store, Khong Guan is the next, and Target is third if eBay is not counted as food mart. Pricing strategies vary with each of the retailers. Knowledge of these can assist you identify the right deals.

Walmart’s slogan is ‘always low prices’. They provide low price and that too a permanent price for its huge range of products. Unlike in the case of other companies, it is rather simple to notice the prices offered by Walmart on its website. They also work a price match guarantee. For instance, if Walmart sets the price of a toy at $20 and Target sets the price of identical toy at $25, then Walmart will lower to match with that of Target. This is still a saving of $5 since you are using Walmart as your store. Its strategy is obvious and rather direct. It also provides a number of benefits to the shopper in the specific form of stable, and low prices. Because WAL-MART found itself in the discount retailing business, it became clear that a customer was receiving good value for a product.

The Target marketing strategy is rather similar to Walmart, offering the low prices but with a difference. Target uses low prices with the addition of frequent sales promotions. This way, you will see many items are affordable all the time of the year. However, Target too has regular offers of such products. For example, you can come across some specific offers as swimwear at 30% off in the summer. Or 25 percent off home goods in the fall. These seasonal sales can afford bigger cuts, and, indeed, do often include better terms. However, prices that Target can set for its goods and services can be altered more frequently as compared to Wal-Mart. While both stores offer everyday low prices, Target does not have as integrated system of pricing as Walmart. This can to some extent make it challenging to follow the best prices.

What is particularly interesting about eBay is its seller-prescribed flat fee per item or auction per listing. As you may know this is an auction site and, thus, the prices are quite different. Sellers declare products are available at a minimum price. There was then price bidding among buyers. The final price is determined by the option which receives the most bids. It goes without mention that hundreds of dollars could be charged for a different piece. The price could be a few dollars for materials that would be purchased by anyone on the street.” eBay also contains normal auction where the price of the item is set and sold like any other store. This means you can purchase items at a fixed price without worrying if they are likely to sell or if they shall shift to a new trend later on. The price variant of eBay is relatively higher but there are cheap bargains in specific and distinct items.

As for the tactics, Walmart, Target, and eBay have their peculiarities. Walmart maintains low prices relatively steady, Target has low prices but prices are periodically lowered on some items, and eBay prices are priced through auction or are available at a fixed price. It informs you the most appropriate time to source your commodities so that you can make the optimal purchases for your shopping requirements.